2012 US Code
Title 12 - Banks and Banking
Chapter 34A - APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL (§§ 3331 - 3355)
Section 3331 - Purpose
| Publication Title | United States Code, 2012 Edition, Title 12 - BANKS AND BANKING |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 12 - BANKS AND BANKING CHAPTER 34A - APPRAISAL SUBCOMMITTEE OF FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL Sec. 3331 - Purpose |
| Contains | section 3331 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 101-73, title XI, §1101, Aug. 9, 1989, 103 Stat. 511. |
| Statutes at Large Reference | 103 Stat. 511 |
| Public Law Reference | Public Law 101-73 |
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The purpose of this chapter is to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.
(Pub. L. 101–73, title XI, §1101, Aug. 9, 1989, 103 Stat. 511.)
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